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12084 W Dreyfus Drive El Mirage, AZ 85335

3 Beds 2 Baths 1,515 sqft Built 2003

$289,900

List Price

$1,180

$1.1K - $1.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 21, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $191.35
  • 3 Days on Market
  • MLS # : 6209296
  • Updated Date : 03/20/2021 at 23:23
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,515 sqft
  • Baths : 2 full
Listing Agent

Prestige Realty

Listing Agent's Description

Come see this beautiful home, you will love this spacious floor plan.Tons of natural lighting, and amazing big great room is perfect for friends and family gatherings . Excellent size backyard ready for your future pool.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Montana Blanca Estates

NeighborhoodNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240k260kPrice in $77k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Montana Blanca Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7801567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Dysart High School High Regular 1,604 73 3

Dysart High School

  • Education Level: High
  • # of students: 1,604
  • # of teachers: 73
3
GreatSchools Rating
 

$260,910$318,890$289,900

PURCHASE PRICE

$1,062$1,298$1,180

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,180
EXPENSES Loan Payment -$1,007
Property Tax -$170
Property Insurance -$57
HOA -$16
Property Management Fees -$99
CASH FLOW
-$168

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$289,900

PROJECTED PRICE

$1,180

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.32%
Appreciation Year (1-5) 9.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.56%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$82,574

INVESTMENT

$82,574

Down Payment
$72,475
Rehab Estimate
$5,750
Closing Costs
$4,349

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,007

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $72,475
Loan Amount $217,425
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$5,727

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,180

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $1,106

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$995
1$9952$1,1803$1,3354$1,4005$1,400
$1,400
RENT COMPS ANALYSIS
  • 12084 W Dreyfus Drive El Mirage, AZ 2
    • 3 beds 2 baths ∙ 1,515 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,515 Sqft ∙ Built 2003
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,180
    • $0.78
    •  
  • 12414 W Windrose Drive El Mirage, AZ 1
    • 3 beds 3 baths ∙ 1,495 Sqft ∙ Built 2001 3 beds 3 baths ∙ 1,495 Sqft ∙ Built 2001
    property image
    LEASED 02/10/27
    • Rent
    • Rent Per SQFT
    •  
    • $995
    • $0.67
    •  
  • 12826 N Palm Street El Mirage, AZ 3
    • 4 beds 2 baths ∙ 1,832 Sqft ∙ Built 2000 4 beds 2 baths ∙ 1,832 Sqft ∙ Built 2000
    property image
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,335
    • $0.73
    •  
  • 12026 W Aster Drive El Mirage, AZ 4
    • 4 beds 2 baths ∙ 1,832 Sqft ∙ Built 2000 4 beds 2 baths ∙ 1,832 Sqft ∙ Built 2000
    property image
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.76
    •  
  • 12221 W Aster Drive El Mirage, AZ 5
    • 4 beds 2 baths ∙ 1,832 Sqft ∙ Built 2000 4 beds 2 baths ∙ 1,832 Sqft ∙ Built 2000
    property image
    LEASED 06/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.76
    •  
PROPERTY LISTING DETAILS
Jannan Tamou
Prestige Realty
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6209296
Last Updated: 03/20/2021
support@investimateroi.com

Indicates a property listed by a real estate brokerage other than HomeUnion/Investimate by Mynd. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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